WEA Micro Market Report - September 2016

Micro Market Report Los Angeles & Miami Issue #19 10/15/16 for 09/15/16 statistics

1

Table of Contents WEA Message

3

zip Code 90210 - Beverly Hills

4

zip Code 90211 - beverly hills

5

zip Code 90069 - Sunset strip

6

zip Code 90077 - Bel Air

7

zip Code 90046 - West Hollywood

8

zip Code 90265 - malibu

9

zip Code 90272 - Pacific palisades

10

zip Code 90024 - westwood

11

zip Code 90049 - brentwood

12

zip Code 90025 - west LA

13

zip Code 90402 - santa monica

14

Zip COde 90005 - Hancock Park

15

Zip Code 90027 - Los Feliz

16

Zip Code 90064 - Cheviot Hills

17

zip Code 90291 - Venice

18

Zip Code 90292 - Marina del Rey

19

Zip code 90293 - Playa Del Rey

20

Miami Market Overview

21

ALL ZIP CODES YEAR TO DATE SALES

22

About WEA

24

Data provided by First American Title Co. of Los Angeles County records and by SEF MLS of Miami-Dade County records for sales exceeding $1 million.

2

Compare Los Angeles Real Estate Brokerages

A Message From WEA DO YOU WANT A TEAM OF BROKERS OR ONE RESPONSIBLE BROKER? There seems to be a growing trend for brokerages to have “teams” representing sellers on the listing of their homes. It begs the question of what is best for YOU? A team or an individual?

At WEA, we firmly believe that one responsible agent is best. When we’ve interacted with teams of more than 2 agents, it seems that no one wants to manage the listing. They all hope that one of the other agents in their team will do the job. When we’ve called teams to organize showings, we’ve frequently had to make multiple calls to multiple people in the team to get an answer. It becomes confusing and problematic. We recently did a deal where there were NINE team members, and responses to simple questions took days. I’m confident that the client they represented had no idea of the inefficiencies that were going on behind the scenes.

Isn’t it better to have ONE individual that you interact with? At WEA, that agent is not only the point of contact for showing inquiries but also the one who is immediately available (via phone, email, and text) to answer any questions and update the client on progress.

Please, tell me the value of the team because I don’t see it.

Stephen Shapiro Co-Founder, Westside Estate Agency

3

90210 Avg. Price Per Transaction

SEPTEMBER 2016

8

Number of Sales

Price in millions

7

HHHHHHHHHHHH HHHH

6 5 4

Avg. Price per transaction

3

$

2 1 0

SEP

2007

2010

2014

2015

2016

6,156,563

SEPTEMBER 2007 Number of Sales

number of sales

HHHHHHHH Avg. Price per transaction $

3,591,875

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+100% Sales

+71% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

16

-27%

$6,156,563

1%

SEP 2015

22

57%

$6,096,816

8%

SEP 2014

14

75%

$5,670,714

-11%

SEP 2010

8

0%

$6,343,875

77%

SEP 2007

8

baseline

$3,591,875

baseline

YTD 2016

208

8%

$5,813,219

-12%

Date

© Westside Estate Agency

4

90211 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

2.5

Number of Sales

H

2.0

Avg. Price per transaction

1.5

$

1.0

2,045,500

0.5 0.0

SEP

SEPTEMBER 2007 2007

2010

2014

2015

2016

Number of sales

number of sales

Avg. Price per transaction

Not Avail.

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+/-0% Sales

+/-0% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

1

-67%

$2,045,500

-13%

SEP 2015

3

200%

$2,346,000

88%

SEP 2014

1

-50%

$1,250,000

-19%

SEP 2010

2

N/A

$1,535,000

N/A

SEP 2007

0

baseline

N/A

baseline

YTD 2016

21

-22%

$2,049,190

0%

Date

© Westside Estate Agency

5

90069 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

6

Number of Sales

HHH

5 4

Avg. Price per transaction

3

$

2 1 0

SEP

2007

2010

2014

2015

2016

2,717,900

SEPTEMBER 2007 Number of Sales

number of sales

HHH Avg. Price per transaction $

2,780,500

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+233% Sales

-2% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

10

-9%

$2,717,900

-9%

SEP 2015

11

57%

$2,970,818

-50%

SEP 2014

7

-13%

$5,944,071

147%

SEP 2010

8

167%

$2,410,375

-13%

SEP 2007

3

baseline

$2,780,500

baseline

YTD 2016

115

12%

$3,864,784

5%

Date

© Westside Estate Agency

6

90077 Avg. Price Per Transaction

SEPTEMBER 2016

8

Number of Sales

Price in millions

7

HHHHHHHHH

6 5 4

Avg. Price per transaction

3

$

2 1 0

SEP

2007

2010

2014

2015

2016

3,453,389

SEPTEMBER 2007 Number of Sales

number of sales

HHHHHHHH Avg. Price per transaction $

2,610,875

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+13% Sales

+32% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

9

50%

$3,453,389

-13%

SEP 2015

6

50%

$3,985,167

-48%

SEP 2014

4

-33%

$7,688,750

386%

SEP 2010

6

-25%

$1,581,167

-39%

SEP 2007

8

baseline

$2,610,875

baseline

YTD 2016

88

6%

$4,901,607

-22%

Date

© Westside Estate Agency

7

90046 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

2.0

Number of Sales

HHHHHHHHHHHH HHHHHH

1.5

1.0

Avg. Price per transaction $

0.5

0.0

SEP

2007

2010

2014

2015

2016

1,855,500

SEPTEMBER 2007 Number of Sales

number of sales

HHHH Avg. Price per transaction $

1,195,750

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+350% Sales

+55% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

18

0%

$1,855,500

30%

SEP 2015

18

6%

$1,429,111

-12%

SEP 2014

17

240%

$1,622,529

38%

SEP 2010

5

25%

$1,175,800

-2%

SEP 2007

4

baseline

$1,195,750

baseline

YTD 2016

226

9%

$1,825,461

6%

Date

© Westside Estate Agency

8

90265 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

8

Number of Sales

7

HHHHHHHHHHHH HHHHHH

6 5 4

Avg. Price per transaction

3

$

2 1 0

SEP

2007

2010

2014

2015

2016

6,167,694

SEPTEMBER 2007 Number of Sales

number of sales

HHHH Avg. Price per transaction $

5,865,000

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+350% Sales

+5% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

18

38%

$6,167,694

149%

SEP 2015

13

0%

$2,479,423

-34%

SEP 2014

13

225%

$3,754,000

-37%

SEP 2010

4

0%

$5,955,000

2%

SEP 2007

4

baseline

$5,865,000

baseline

YTD 2016

179

37%

$4,309,483

6%

Date

© Westside Estate Agency

9

90272 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

5

Number of Sales

HHHHHHHHHHHH HHHHHHHHHHHH

4 3

Avg. Price per transaction

2

$

1 0

SEP

2007

2010

2014

2015

2016

4,244,571

SEPTEMBER 2007 Number of Sales

number of sales

HHHHHHHH Avg. Price per transaction $

2,190,500

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+200% Sales

+94% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

24

50%

$4,244,571

7%

SEP 2015

16

-16%

$3,958,594

-4%

SEP 2014

19

73%

$4,144,050

10%

SEP 2010

11

38%

$3,757,273

72%

SEP 2007

8

baseline

$2,190,500

baseline

YTD 2016

225

19%

$3,486,980

2%

Date

© Westside Estate Agency

10

90024 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

20

Number of Sales

HHHHHHH

15

Avg. Price per transaction 10

$

5

*This zip code’s monthly average is skewed by a $90,000,000 sale.

0

SEP

15,805,714 *

2007

2010

2014

2015

2016

SEPTEMBER 2007 Number of Sales

number of sales

Avg. Price per transaction

Not Avail SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+/-0% Sales

+/-0% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

7

-30%

$15,805,714

575%

SEP 2015

10

25%

$2,341,400

-4%

SEP 2014

8

60%

$2,438,625

19%

SEP 2010

5

N/A

$2,043,800

N/A

baseline

N/A

baseline

56%

$5,544,530

104%

Date

SEP 2007 YTD 2016

75

© Westside Estate Agency

11

90049 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

4.0

Number of Sales

3.5

HHHHHHHHHHHH HHHHHHHHHHHH H

3.0 2.5 2.0

Avg. Price per transaction

1.5

$

1.0 0.5 0.0

SEP 2007

2010

2014

2015

2016

3,272,449

SEPTEMBER 2007 Number of Sales

number of sales

HHHHHH Avg. Price per transaction $

2,136,917

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+317% Sales

+53% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

25

25%

$3,272,449

-9%

SEP 2015

20

5%

$3,608,075

36%

SEP 2014

19

73%

$2,650,801

-4%

SEP 2010

11

83%

$2,750,318

29%

SEP 2007

6

baseline

$2,136,917

baseline

YTD 2016

222

24%

$3,436,998

-5%

Date

© Westside Estate Agency

12

90025 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

2.0

Number of Sales

HHHHHH

1.5

Avg. Price per transaction $

1.0

1,602,500

0.5

0.0

SEP

2007

2010

2014

2015

2016

SEPTEMBER 2007 Number of Sales

number of sales

H Avg. Price per transaction $

818,000

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+500% Sales

+96% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

6

0%

$1,602,500

4%

SEP 2015

6

200%

$1,541,667

33%

SEP 2014

2

-33%

$1,155,000

35%

SEP 2010

3

200%

$854,667

4%

SEP 2007

1

baseline

$818,000

baseline

YTD 2016

59

18%

$1,432,415

2%

Date

© Westside Estate Agency

13

90402 Avg. Price Per Transaction

SEPTEMBER 2016

8

Number of Sales

Price in millions

7

HHH

6 5 4

Avg. Price per transaction

3

$

2 1 0

SEP

2007

2010

2014

2015

2016

6,233,333

SEPTEMBER 2007 Number of Sales

number of sales

HH Avg. Price per transaction $

4,875,000

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+50% Sales

+28% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

3

-25%

$6,233,333

42%

SEP 2015

4

-33%

$4,376,250

23%

SEP 2014

6

50%

$3,548,833

70%

SEP 2010

4

100%

$2,086,250

-57%

SEP 2007

2

baseline

$4,875,000

baseline

YTD 2016

76

27%

$4,530,217

9%

Date

© Westside Estate Agency

14

90005 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

1.5

Number of Sales

HHHH

1.2

Avg. Price per transaction

0.9

$ 0.6

1,276,875

0.3 0.0

SEP

2007

2010

2014

2015

2016

SEPTEMBER 2007 Number of sales

number of sales

Avg. Price per transaction

Not Avail.

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+/-0% Sales

+/-0% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

4

33%

$1,276,875

11%

SEP 2015

3

N/A

$1,151,667

N/A

SEP 2014

0

N/A

N/A

N/A

SEP 2010

0

N/A

N/A

N/A

SEP 2007

0

baseline

N/A

baseline

YTD 2016

31

15%

$1,849,457

-14%

Date

© Westside Estate Agency

15

90027 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

2.5

Number of Sales

HHHHHHHHHHHH HHH

2.0 1.5

Avg. Price per transaction

1.0

$ 0.5 0.0

SEP

1,594,550

SEPTEMBER 2007 2007

2010

2014

2015

2016

Number of Sales

number of sales

HHH Avg. Price per transaction $

1,589,667

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+400% Sales

+0% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

15

7%

$1,594,550

14%

SEP 2015

14

-13%

$1,396,329

-38%

SEP 2014

16

167%

$2,268,563

124%

SEP 2010

6

100%

$1,014,000

-36%

SEP 2007

3

baseline

$1,589,667

baseline

YTD 2016

141

23%

$1,585,069

9%

Date

© Westside Estate Agency

16

90064 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

2.0

Number of Sales

HHHHHHHHHHHH HHHHHHHHH

1.5

1.0

Avg. Price per transaction $

1,759,095

0.5

0.0

SEP

SEPTEMBER 2007 2007

2010

2014

2015

2016

Number of Sales

number of sales

HHHHH Avg. Price per transaction $

1,358,800

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+320% Sales

+29% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

21

50%

$1,759,095

0%

SEP 2015

14

-13%

$1,757,500

31%

SEP 2014

16

14%

$1,340,625

25%

SEP 2010

14

180%

$1,068,286

-21%

SEP 2007

5

baseline

$1,358,800

baseline

YTD 2016

176

40%

$1,769,600

20%

Date

© Westside Estate Agency

17

90291 Avg. Price Per Transaction

SEPTEMBER 2016 Number of Sales

Price in millions

2.5

HHHHHHHHHHHH H

2.0 1.5

Avg. Price per transaction

1.0

$

0.5 0.0

SEP

2,153,231

SEPTEMBER 2007 2007

2010

2014

2015

2016

Number of Sales

number of sales

HHHHH Avg. Price per transaction $

1,374,800

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+160% Sales

+57% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

13

-24%

$2,153,231

1%

SEP 2015

17

183%

$2,124,912

-12%

SEP 2014

6

-33%

$2,413,583

245%

SEP 2010

9

80%

$700,444

-49%

SEP 2007

5

baseline

$1,374,800

baseline

YTD 2016

143

10%

$1,971,976

1%

Date

© Westside Estate Agency

18

90292 Price in millions

Avg. Price Per Transaction

SEPTEMBER 2016

2.5

Number of Sales

2.0

HHH Avg. Price per transaction

1.5

$

1.0

1,811,667

0.5 0.0

SEP

2007

2010

2014

2015

2016

SEPTEMBER 2007 Number of Sales

number of sales

Avg. Price per transaction

Not Avail.

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+/-0% Sales

+/-0% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

3

0%

$1,811,667

-17%

SEP 2015

3

-40%

$2,178,333

-1%

SEP 2014

5

400%

$2,203,900

13%

SEP 2010

1

N/A

$1,950,000

N/A

SEP 2007

0

baseline

N/A

baseline

YTD 2016

28

17%

$2,120,768

-3%

Date

© Westside Estate Agency

19

90293 Avg. Price Per Transaction

SEPTEMBER 2016

Price in millions

2.0

Number of Sales

HH

1.5

Avg. Price per transaction $

1.0

1,677,250

0.5

0.0

SEP

2007

2010

2014

2015

2016

SEPTEMBER 2007 Number of Sales

number of sales

H Avg. Price per transaction $

1,525,000

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+100% Sales

+10% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

2

-50%

$1,677,250

-1%

SEP 2015

4

-20%

$1,691,500

24%

SEP 2014

5

0%

$1,359,600

5%

SEP 2010

5

400%

$1,295,000

-15%

SEP 2007

1

baseline

$1,525,000

baseline

YTD 2016

33

10%

$1,524,848

-20%

Date

© Westside Estate Agency

20

Miami market view

metro Miami overview avg. Price Per Transaction

SEPTEMBER 2016 Number of Sales

2.5

Price in millions

H = 20

HHHHHHH

2.0

AVg. Price per transaction 1.5

$

1.0 0.5

SEPTEMBER 2007

H = 20

Number of Sales

0.0

SEP

2,099,849

2007

2010

2014

2015

2016

HHHH

number of sales avg. Price per transaction $

2,038,460

SEPTEMBER 2016 vs 2007 SEP

2007

2010

2014

2015

2016

+111% Sales

+3% Price

Sales

Δ vs Previous Year

Avg. Price

Δ vs Previous Year

SEP 2016

133

-13%

$2,099,849

-14%

SEP 2015

153

-5%

$2,440,612

26%

SEP 2014

161

168%

$1,932,840

-8%

SEP 2010

60

-5%

$2,097,928

3%

SEP 2007

63

baseline

$2,038,460

baseline

YTD 2016

1367

-17%

$2,289,184

-1%

Date

© Westside Estate Agency

21

2007

2010

2014

Zip Code

Sales

Average Price

Sales

Δ vs ‘07

Average Price

Δ vs ‘07

Sales

Δ vs ‘10

Average Price

Δ vs ‘10

90210

64

$4,949,938

81

27%

$4,880,075

-1%

161

99%

$5,297,307

9%

90211

8

$1,595,752

15

88%

$1,513,933

-5%

23

53%

$1,755,674

16%

90069

40

$2,538,400

36

-10%

$2,119,944

-16%

79

119%

$3,767,943

78%

90077

34

$3,562,606

41

21%

$2,053,293

-42%

64

56%

$6,674,914

225%

90046

57

$1,786,683

70

23%

$1,000,021

-44%

164

134%

$1,695,210

70%

90265

55

$6,169,645

55

0%

$4,190,691

-32%

115

109%

$3,690,492

-12%

90272

75

$3,127,160

98

31%

$2,334,459

-25%

182

86%

$3,474,229

49%

90024

20

$2,041,550

25

25%

$1,950,260

-4%

58

132%

$5,891,563

202%

90049

62

$3,010,911

100

61%

$2,178,630

-28%

147

47%

$3,428,079

57%

90025

15

$1,024,400

23

53%

$983,022

-4%

29

26%

$1,344,345

37%

90402

20

$3,184,600

42

110%

$2,537,940

-20%

52

24%

$4,047,990

59%

90005

4

$1,547,500

9

125%

$874,889

-43%

14

56%

$1,649,500

89%

90027

35

$1,236,647

37

6%

$1,053,689

-15%

92

149%

$1,639,000

56%

90064

64

$1,259,648

71

11%

$1,096,923

-13%

124

75%

$1,409,865

29%

90291

46

$1,289,957

56

22%

$1,001,080

-22%

114

104%

$1,822,433

82%

90292

6

$1,710,833

13

117%

$1,663,538

-3%

24

85%

$1,994,171

20%

90293

4

$1,745,125

15

275%

$1,363,667

-22%

24

60%

$1,281,708

-6%

Miami

998

$1,992,797

765

-23%

$1,959,725

-2%

1719

125%

$2,226,409

14%

22

PROPERTIES PROPERTIES OF OF $1M $1M OR OR MORE MORE 2015

Δ 2007 vs 2016

2016

Sales

Δ vs ‘14

Average Price

Δ vs ‘14

Sales

Δ vs ‘15

Average Price

Δ vs ‘15

Sales

Average Price

192

19%

$6,597,682

25%

208

8%

$5,813,219

-12%

225%

17%

27

17%

$2,044,870

16%

21

-22%

$2,049,190

0%

163%

28%

103

30%

$3,680,194

-2%

115

12%

$3,864,784

5%

188%

52%

83

30%

$6,244,904

-6%

88

6%

$4,901,607

-22%

159%

38%

207

26%

$1,714,378

1%

226

9%

$1,825,461

6%

296%

2%

131

14%

$4,081,026

11%

179

37%

$4,309,483

6%

225%

-30%

189

4%

$3,422,205

-1%

225

19%

$3,486,980

2%

200%

12%

48

-17%

$2,714,510

-54%

75

56%

$5,544,530

104%

275%

172%

179

22%

$3,609,259

5%

222

24%

$3,436,998

-5%

258%

14%

50

72%

$1,408,031

5%

59

18%

$1,432,415

2%

293%

40%

60

15%

$4,155,201

3%

76

27%

$4,530,217

9%

280%

42%

27

93%

$2,161,815

31%

31

15%

$1,849,457

-14%

675%

20%

115

25%

$1,460,340

-11%

141

23%

$1,585,069

9%

303%

28%

126

2%

$1,475,810

5%

176

40%

$1,769,600

20%

175%

40%

130

14%

$1,957,962

7%

143

10%

$1,971,976

1%

211%

53%

24

0%

$2,194,417

10%

28

17%

$2,120,768

-3%

367%

24%

30

25%

$1,903,764

49%

33

10%

$1,524,848

-20%

725%

-13%

1647

-4%

$2,303,518

3%

1367

-17%

$2,289,184

-1%

65%

16%

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Success built on superior market knowledge.

And understanding our clients.

Westside Estate Agency is defined by the values and the vision of its two founders, Stephen Shapiro and Kurt Rappaport. In 1998, Stephen Shapiro and Kurt Rappaport were two of the most well-known, highly compensated realtors in Los Angeles. Still, they felt there had to be a better way to meet the very high expectations and individual needs of their high-net worth clientele.

It wasn’t long before the two began making plans for a different kind of brokerage. A real estate agency committed to putting client service first, and completely satisfying the needs and desires of each client. In the words of Stephen Shapiro, “Negotiations conducted with intelligence and integrity result in what we call the ‘triple win.’ Great results for the buyer, the seller, and WEA.” In 1999, Shapiro and Rappaport opened Westside Estate Agency with a focus on the most expensive and prestigious homes and estates in the prime Westside areas of Los Angeles. In 2007, WEA opened its Malibu office to service that world famous community. Today, WEA has a clientele without parallel, at the pinnacle of the

better service to clients. WEA continues to stay on the cutting-edge of innovation, keeping a pulse on and implementing new technologies as soon as they’re available.

Stephen and Kurt have assembled a team of full-time real estate pros, known for expertise, experience, integrity and discretion. Each agent possesses an in-depth knowledge of the inventory and current market conditions; our clients turn to us for candid insights into current market value, the sales potential of properties and marketing strategies for our current and prospective clients.

Of course, WEA has retained its independence, in the face of widespread acquisition by a handful of impersonal agencies. Remaining independent means we answer to our clients, instead of a corporate headquarters thousands of miles away. It means we don’t need to worry about a conglomerate’s bottom-line or using an in-house escrow or title company; rather, we’re free to focus on getting the best and doing the best for each client.

In practical terms, this translates into efficiency

business, financial, technology and entertainment industries generating billions in sales and the highest average price per sale in the industry.

The company added its Miami, Florida location in early 2015.

and responsiveness. Making the most of every minute by showing just the homes, in just the neighborhoods, that meet our clients’ criteria.

Quite frequently, we’re even able to offer new properties not yet on the market.

Working hand-in-hand with their commitment to tailored service has been the agency’s industry leading application of technology. WEA has been at the forefront in the category for its technology use, from being the first to implement a fully integrated network computing system to the first to use scanning technology, cloud technology, e-signatures and paperless filing to provide

Finally, it means WEA’s agents have a direct conduit to the top. Unlike the non-owner operated, robo brokerages, our principals play a role in, and keep an eye on every WEA transaction. In sense, every WEA client is also a client of Stephen’s and Kurt’s. Which only make sense, as it’s with these two that the WEA story began.

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Contact Us Beverly Hills Office

Malibu Office

Miami Office

Westside Estate Agency 210 North Canon Drive Beverly Hills, CA 90210

Westside Estate Agency 23410 Civic Center Way Malibu, CA 90265

Westside Estate Agency 2100 Ponce de Leon Blvd 7th Floor Coral Gables, FL 33134

Tel: (310) 247-7770 SalesBH@WEAhomes.com

Tel: (310) 456-1171 SalesMalibu@WEAhomes.com

Tel: (305) 447-1471 SalesMiami@WEAhomes.com

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